Elon Musk Admits Glaringly Obvious Truth About His Foray Into Politics

Elon Musk, here in the Oval Office on May 21, admitted he may have spent "too much time on politics" in a new interview with Ars Technica.Elon Musk now says prioritising politics over his business ventures may have been a minor blunder.“I think I probably did spend a bit too much time on politics,” Musk admitted to Ars Technica editor Eric Berger in a new interview that aimed to focus on the future of SpaceX in the wake of two recent rocket launches gone awry.The tech billionaire also told Berger he thought criticism over his right-wing activism was a bit exaggerated.“It’s less than people would think, because the media is going to over-represent any political stuff,” Musk explained to the aerospace industry reporter and trained astronomer, who has written two books about SpaceX. “It’s not like I left the companies.”Claiming he’s now striking a better balance between between being a businessman and a diplomatic dilettante, the CEO said, “It was just relative time allocation that probably was a little too high on the government side, and I’ve reduced that significantly in recent weeks.”Elon Musk, here in the Oval Office on May 21, admitted he may have spent "too much time on politics" in a new interview with Ars Technica.Musk’s foray into politics seems to have damaged his companies’ balance sheets and their reputations.Earlier this month, both Tesla and SpaceX saw sharp declines in the yearly Axios Harris Poll 100, a survey gauging public opinion on the US’s most prominent brands.Musk’s electric car company plunged from the No. 8 spot it held in 2021 down to No. 95. Meanwhile, SpaceX dropped from No. 5 to No. 86 in the same time span.Things didn’t look good when it came to his businesses’ bottom lines either.After Tesla revealed its total revenue had taken a 9.4% hit year-over-year in its first-quarter financial report last month, Musk told investors he would be curbing his time with the federal budget-slashing effort known as the Department of Government Efficiency.“Starting next month, I will be allocating far more of my time to Tesla, and now that the major work of establishing the Department of Government Efficiency is done,” Musk said, adding that he’d still devote several days per week on government matters, “as long as it is useful.”Related...Elon Musk Dumps On Trump's 'Big, Beautiful Bill'Kamala Harris Takes Subtle Swipe At Elon Musk In Rare Appearance'Political Kryptonite!': CNN Data Chief Reveals How Trump Switched Up On Elon Musk

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